Cryptotelegraph
  • News
    • Bitcoin News
    • Ethereum News
    • Crypto News
    • Crypto Technology
    • Analysis
    • Blockchain News
    • Industry News
    • NFTs
    • ICO News
    • Press Releases
  • Market Cap
  • Exchanges
  • ICOs
  • Videos
    • Bitcoin Videos
    • Ethereum Videos
    • Altcoin Videos
    • Blockchain Videos
    • ICO Videos
  • Submit Press Release
    • Read Press Releases
  • Contact Us
No Result
View All Result
Cryptotelegraph.com
No Result
View All Result
Home News Press Releases

$100 Million FTX Crypto Liquidation Strategy Announced: Investors Turn to Borroe.Finance

Andy K by Andy K
September 19, 2023
in Press Releases
Reading Time: 3 mins read
15.2k 472
0
$100 Million FTX Crypto Liquidation Strategy Announced: Investors Turn to Borroe.Finance
2.7k
SHARES
68.3k
VIEWS
Share on FacebookShare on Twitter

Related articles

$27M Theft at CoinEx, Withdrawals Frozen; Investors Swoon Over Monero ($XMR) and Borroe.Finance ($ROE)

$27M Theft at CoinEx, Withdrawals Frozen; Investors Swoon Over Monero ($XMR) and Borroe.Finance ($ROE)

September 26, 2023
Bitcoin (BTC) Index Signals Ultra Bullish Trend; InQubeta (QUBE)’s Appeal Irresistible to Whales

Bitcoin (BTC) Index Signals Ultra Bullish Trend; InQubeta (QUBE)’s Appeal Irresistible to Whales

September 26, 2023

$100 Million FTX Crypto Liquidation Strategy Announced: Investors Turn to Borroe.Finance

Disclaimer: The text below is a press release that is not part of Cryptotelegraph.com editorial content.

Bankrupt crypto exchange FTX has unveiled its $100 million weekly crypto liquidation plan in its Chapter 11 proceedings. Meanwhile, Borroe.Finance ($ROE) is making waves in the Web3 sector, offering AI-powered funding and NFT-backed liquidity. With its deflationary token and impressive ROI potential, $ROE is a good crypto to buy today. 

Let’s explore how the FTX liquidation affects the cryptocurrency sector, including Borroe.Finance.

>>BUY $ROE TOKENS NOW<<

FTX Confirmed Its $100M Weekly Crypto Liquidation Strategy

On September 13, 2023, FTX submitted an updated proposal to the bankruptcy court outlining its revised strategy for the sale and transfer of its substantial digital assets as part of its Chapter 11 proceedings.

The recently outlined directive establishes a structured process for investment advisors to manage liquidation of a portion of FTX’s cryptocurrency assets, while creditors closely monitor the proceedings.

For starters, the sale of valuable assets like Bitcoin (BTC) and Ethereum (ETH) will be limited to $50 million per week initially, with an expected increase to $100 million in the following weeks.

Furthermore, the proposal introduces strict guidelines for selling digital tokens linked to insiders. Before selling such assets, FTX has to provide advance notification to creditors and the US Trustee, allowing for a ten-day window for any potential objections that could suspend the sale proceedings.

FTX seeks approval for cryptocurrency hedging contracts through an authorized investment advisor, initially limited to Bitcoin and Ethereum. Notably, expansion to other cryptos is subject to creditor approval.

Moreover, FTX will provide biweekly and monthly reports on asset transactions, balances, staking yields, and market analyses to enhance transparency in the process. Regular status calls involving FTX, advisors, and creditors will ensure clear communication.

FTX seeks to regain financial stability by following the proposed asset liquidation guidelines, which were prompted by its bankruptcy filing in November 2022. Nonetheless, a complex restructuring process remains, with ongoing mediation involving creditors and stakeholders.

Borroe.Finance ($ROE) Strongly Bullish In A Turbulent Crypto Market

Borroe.Finance ($ROE) is a groundbreaking AI-powered funding platform revolutionizing the Web3 industry. It enables Web3 companies and content creators to secure upfront funding against future recurring earnings. Additionally, Web3 enterprises can leverage Borroe.Finance to access rapid liquidity.

This liquidity is achieved by creating non-fungible tokens (NFTs) representing pending and future invoices sold at discounted rates within Borroe.Finance’s marketplace.

The NFTs offered by Borroe.Finance are highly sought after for their substantial real-world utility, since they provide users with capital access through Borroe.Finance’s marketplace. Thus, they stand as the best NFTs to buy today.

The deflationary $ROE token is set to launch on the Ethereum sidechain, Polygon, offering a range of compelling benefits. Some of these benefits include features like invoice purchasing, selling, and repayment rewards, a social media “share to earn” program, and discounted fees.

Furthermore, Borroe.Finance has undergone thorough auditing by BlockAudit, enhancing its commitment to transparency. The project recently made its smart contract address public to increase its openness.

Borroe.Finance is strategically designed to establish a strong foundation for long-term growth. By harnessing blockchain technology, it enhances security for both lenders and borrowers within its ecosystem. Moreover, the platform provides on-demand liquidity, ensuring seamless daily operations within the Web3 sector.

>>BUY $ROE TOKENS NOW<<

$ROE is presently priced at $0.0125, marking a 25% surge from its initial Beta Stage price of $0.0100.

Stage 1 investors stand to gain a 20% profit as $ROE advances to $0.0150 during Stage 2 of the presale. Additionally, they can look forward to an impressive 220% return on investment (ROI) when the token reaches its presale target price of $0.0400. Analysts say $ROE is the best crypto investment of 2023 because of its massive profit opportunities.

Learn more about Borroe.Finance ($ROE) here:

Visit Borroe.Finance Presale | Join The Telegram Group | Follow Borroe.Finance on Twitter

Share1094Tweet684
Andy K

Andy K

Andy is a former Forex Trader who got involved in the crypto industry early January 2013. Since then Andy has been writing about cryptocurrencies and blockchain technology within various online crypto news publications. He is also one of the main contributors to Cryptotelegraph.com

Fun Fact : Despite other staff members helping themselves daily - Andy has a 'never-ending' container of 'Jelly beans' always sat on his desk, it's magic!

Related Posts

$27M Theft at CoinEx, Withdrawals Frozen; Investors Swoon Over Monero ($XMR) and Borroe.Finance ($ROE)

$27M Theft at CoinEx, Withdrawals Frozen; Investors Swoon Over Monero ($XMR) and Borroe.Finance ($ROE)

by Andy K
September 26, 2023
0

$27M Theft at CoinEx, Withdrawals Frozen; Investors Swoon Over Monero ($XMR) and Borroe.Finance ($ROE) In the wake of a $27...

Bitcoin (BTC) Index Signals Ultra Bullish Trend; InQubeta (QUBE)’s Appeal Irresistible to Whales

Bitcoin (BTC) Index Signals Ultra Bullish Trend; InQubeta (QUBE)’s Appeal Irresistible to Whales

by Andy K
September 26, 2023
0

Bitcoin (BTC) Index Signals Ultra Bullish Trend; InQubeta (QUBE)'s Appeal Irresistible to Whales InQubeta ($QUBE) is one of the options...

Bitcoin Surpasses Visa In Transaction Volume, Will Bitcoin Spark Ride The Same Wave?

Bitcoin Surpasses Visa In Transaction Volume, Will Bitcoin Spark Ride The Same Wave?

by Andy K
September 26, 2023
0

Bitcoin Surpasses Visa In Transaction Volume, Will Bitcoin Spark Ride The Same Wave? Bitcoin has achieved a remarkable feat by...

Ibiza NXT 2023 – Heading toward a purpose-driven Web3 innovation journey

Ibiza NXT 2023 – Heading toward a purpose-driven Web3 innovation journey

by Andy K
September 26, 2023
0

Ibiza NXT 2023 - Heading toward a purpose-driven Web3 innovation journey Disclaimer: The text below is a press release that...

Label Foundation Joins Hands with LG Electronics for ‘Tracks’ Music Streaming Service

Label Foundation Joins Hands with LG Electronics for ‘Tracks’ Music Streaming Service

by Andy K
September 26, 2023
0

Label Foundation Joins Hands with LG Electronics for 'Tracks' Music Streaming Service Disclaimer: The text below is a press release...

Load More

Discussion about this post

Partners

Crypto Prices

  • Trending
  • Comments
  • Latest
Blockchain | Hack Script 2020 GENERATES Unlimited 100% WORKING bitcoin hacked

Blockchain | Hack Script 2020 GENERATES Unlimited 100% WORKING bitcoin hacked

March 14, 2020
Blockchain unconfirmed transaction hack 100% Working! New proof!

Blockchain unconfirmed transaction hack 100% Working! New proof!

March 13, 2020
Blockchain Hack Script 2020 GENERATES Unlimited Bitcoin 100% WORKING bitcoin hacked

Blockchain Hack Script 2020 GENERATES Unlimited Bitcoin 100% WORKING bitcoin hacked

February 11, 2020
🔥 Forsage 🚀 (Fast and Furious) – Fully Decentralized Matrix program on Ethereum Smart Contract 🔥

🔥 Forsage 🚀 (Fast and Furious) – Fully Decentralized Matrix program on Ethereum Smart Contract 🔥

March 31, 2020
Ripple XRP Token

Ripple and XRP – The Convoluted Truth Behind XRP’s Creation

0
Bitcoin cash hard fork. BitcoinCash Hard fork (BCH Hard fork)

Bitcoin Cash ‘hard fork’ What you need to know about it

0
Crytotelegraph - Crypto News & Reviews - Bitcoin & Altcoins

Bitcoin price news: 10 year forecast shows bitcoin ‘WON’T DIE’ Latest BTC prediction

0
BAKKT Futures: BAKKT Warehouse & Bitcoin Exchange

Will Bakkt Send Bitcoin’s price skyrocketing?

0
US SEC Delays Decision on ARK 21Shares Bitcoin ETF Until Next Year

US SEC Delays Decision on ARK 21Shares Bitcoin ETF Until Next Year

September 27, 2023
Bitcoin Price Prediction: BTC Down 3% Amid SEC ETF Delays, US Lawmakers’ Advocacy, & Rate Hike Impacts

Bitcoin Price Prediction: BTC Down 3% Amid SEC ETF Delays, US Lawmakers’ Advocacy, & Rate Hike Impacts

September 27, 2023
BTC Ordinals Craze Puts Miners in Dilemma: Glassnode

BTC Ordinals Craze Puts Miners in Dilemma: Glassnode

September 27, 2023
Texas State Dominates in Bitcoin Mining, Hosts 28.5% of US’s Hashrate: Report

Texas State Dominates in Bitcoin Mining, Hosts 28.5% of US’s Hashrate: Report

September 27, 2023

Cryptotelegraph logo x 2




The Cryptotelegraph is a Crypto News Magazine ‘Startup’ that hunts high and low to compile the very latest crypto news and reviews from around the web, whilst at the same time producing thought provoking articles and interpretations surrounding the cryptocurrency market today!


Read More





Disclaimer

Information found on Cryptotelegraph is those of referring websites (or) writers quoted. It does not represent the opinions of Cryptotelegraph on whether or not to buy, trade, sell or hold any investments. You are advised to conduct your own research before making any investment decisions. Use all provided information at your own risk. Full disclaimer.

Crypto News

US SEC Delays Decision on ARK 21Shares Bitcoin ETF Until Next Year

Bitcoin Price Prediction: BTC Down 3% Amid SEC ETF Delays, US Lawmakers’ Advocacy, & Rate Hike Impacts

BTC Ordinals Craze Puts Miners in Dilemma: Glassnode

Texas State Dominates in Bitcoin Mining, Hosts 28.5% of US’s Hashrate: Report

Bitcoin Gains Recognition As A Unique, Non-Replicable Digital Asset Following Chinese Court Report

This New Tool Track’s Bitcoin’s Price Without Using An Exchange

Donations Welcome




Bitcoin Address : 3AhxNswMkD5tjJJ544NRCwWhCDXHJ5GTzq

Ethereum Address : 0x9627FB741C19e1a70E7006F2B0D0c26d14AA1816

Bitcoin Cash Address : qq93an6n9unnu496vpcx684zekkmn4yk6g79kllf7d

Litecoin Address : MKVphBBJkBbjSh4D6aFLds9XHE1rnS9iHW





© Copyrights 2017 - 2021 Cryptotelegraph.com. All Rights Reserved.

Contact    About    Privacy & Cookie Policy

No Result
View All Result
  • News
    • Bitcoin News
    • Ethereum News
    • Crypto News
    • Crypto Technology
    • Analysis
    • Blockchain News
    • Industry News
    • NFTs
    • ICO News
    • Press Releases
  • Market Cap
  • Exchanges
  • ICOs
  • Videos
    • Bitcoin Videos
    • Ethereum Videos
    • Altcoin Videos
    • Blockchain Videos
    • ICO Videos
  • Submit Press Release
    • Read Press Releases
  • Contact Us

© Cryptotelegraph.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.